about edelweiss tokio
2016going for gold...
Edelweiss group is the proud sponsor of the Indian contingent for Rio Olympics 2016. As part of this arrangement, we are giving all the members of the Indian contingent a life cover of 1cr each. We now have more than 70 branches and have increased our product portfolio to 24 products, including 4 online ones.
Edelweiss Tokio Life started operations
In FY 12 our 820+ strong Personal Financial Advisor(PFA) team surpassed all expectations by logging in 6,600 policies through 29 branches. All of this with 660 Employees and 7 Individual Products.
The expectations rose and so did our performance. We clocked ~30,000 policies till FY 13 with 45 Branches and 3400+ PFA's. Our employee strength rose to 1275. We added 8 more products to our list of offerings and now had a banking partner in CSB.
2014going great guns...
We went from strength to strength. FY 14 saw us clock ~62,000 Policies. We added 14 more branches and our PFA force was now 7250+. With 1400 employees and 18 individual products, we were now a force to reckon with.
2015getting better and bigger
The journey goes on...~92,000 policies till FY15 with 62 branches, 9900+ PFA's,1650 employees and 21 individual products.
We will take the responsibility of protecting people’s dreams and aspirations. We will pro-actively find out what people’s dreams and aspirations are and what could potentially hinder their dreams and aspirations. We will then bring our expertise and resources to help them fulfill their dreams and mitigate the hindrances.
We will stand for quality across all aspects – quality of our interaction before a purchase decision, quality of our advice, quality of our products and quality of our post purchase interactions.
Life Insurance extends a helping hand to people in the darkest hour of their need – whether it is in the event of an untimely death or when they are not in a position to support themselves because of a debilitating illness or old age. Our effort to manage our operations and our people in the most cost conscious manner will ensure that every rupee saved will add to the help Insurance can extend to our customers.
We view the world from our customer’s perspective to understand their dreams and aspirations. This will reflect in our advisory process, our products and our customer service.
Parentage and heritage
Born in 2011, Edelweiss Tokio Life Insurance Co ltd, is a joint venture between Edelweiss Financial Services, one of India's leading and diversified financial services companies and Tokio Marine Holdings Inc,one of the oldest(130 years) and largest insurance companies in Japan.
Our motto is “Insurance se badhkar hai aapki zaroorat.”. We will help you chalk out your goals and join hands in creating a bright future for you and your loved ones.
simple claims process
A man is known by the company he keeps and an insurance company by the claims it settles. We collect premiums so that we can pay claims. Our 5 pronged approach of transparency, convenience, commitment, communication and fairness ensures a hassle-free approach for your nominees.
Our rapidly expanding branch network reflects our focus on growth while maintaining quality. Today, we are represented by more than 70 branches across more than 50 cities nationwide.
Winner of the best campaign award for “Yamraj to the Rescue” in Public & Social Service Category at the Outdoor Advertisement Awards, 2014. Won “The Rising Star Insurer” Award 2013: Recognized for its business strategy, agency network, financial strength, innovative technology, and broad based prod
We are aware that an understanding of the customers' NEEDS and then offering solutions which are suited to those needs requires expertise. Therefore, we ensure that only qualified advisors are recruited and sharpen their skills with extensive training on a NEED identification based approach.
samparkEd’s valued customers
We focus on building a long-term sustainable relationship with our customers through quality after sales service as well as taking care of your future insurance needs. We realize that your needs may change as you progress further in your lives and promise to be there for you every time.
We constantly strive to have a range of offerings suited to meet every need of yours. We wish that each of our products lives up to its promise. it is not surprising then that Ed’s individual ULIP funds have been given top rating in their respective categories by Morningstar as on 31 August, 2015.
CEO & MD
Before taking over as CEO of Edelweiss Tokio Life Insurance, Deepak, for over a decade, was playing a key role in scaling up the Capital Markets business for Edelweiss.
Deepak has been the 'point person' for many new Edelweiss initiatives, including playing a key role in starting and scaling the Treasury business and starting the Wholesale Credit business. During his stint as the Chief Financial Officer of Edelweiss Group between 2007 and 2009, Edelweiss Financial Services had a successful IPO and also entered the retail financial services sector, through the strategic acquisition of Anagram Stock Broking. He was also instrumental in shaping up the joint venture with Tokio Marine of Japan for entering the life insurance business.
A Chemical Engineer from IT-BHU and an MBA from Indian Institute of Management, Ahmedabad, Deepak is passionate about developing talent.
Deepak is a voracious reader and an avid traveller.
Head of Sales and CMO
Yash leads the sales and marketing initiatives at Edelweiss Tokio Life.
With over 22 years of experience in the Life Insurance Industry, Yash is a seasoned professional with stints in companies including Kotak Life, Bajaj Allianz and HDFC Life.
Yash started his career with LIC where he spent 12 years gaining an excellent foundation in Sales as well as other important functions such as Policy Servicing, Claims, Programming and Underwriting.
A graduate in psychology from Patna University, Yash likes to listen to Ghazals and has a special affinity for songs from old Hindi movies. Apart from music, in his spare time, Yash likes to sketch and spend time with his family.
Chief Operating Officer
Nilesh spearheads Operations and Technology function at Edelweiss Tokio Life Insurance.
Nilesh comes with an experience of over 20 years in re-engineering, quality improvement of processes, service delivery and change management in the banking domain. In his last role at HSBC, Nilesh was Senior Vice President, Change Delivery-Service Delivery where he was responsible for driving strategic initiatives for operations, globally.
Nilesh is an engineer from IIT Mumbai and has completed his management studies from IIM Ahmedabad.
He loves exploring wild life, trekking & listening to music, with a particular affinity for Hindi songs from movies of a bygone era.
Chief Financial Officer
Sarju's key area of focus in Edelweiss is Finance, Accounts, Compliance and Secretarial Operations, Audit and Taxation.
A chartered accountant by qualification, Sarju has been the CFO of Sun F&C Asset Management Company and Vice President and Head (Operations) at AIG Global Asset Management Company (India) Pvt. Ltd.
In his spare time, Sarju loves watching movies with his family apart from playing table tennis and cricket.
Chief Human Resource Officer
Vikas heads the Human resource function which includes recruitment and skill enhancement initiatives within the organisation.
Vikas brings with him over 15 years of experience having worked in leadership roles across various business units and geographies with blue chip companies like Hindustan Unilever Ltd, Dr. Reddy's labs and Hero Honda.
Vikas comes with a rich experience of setting up the HR function for three new business ventures. He is passionate about organization transformation and has also successfully led change programs across businesses.
Vikas is an avid traveller and in his spare time, loves spending time with his family.
Executive Vice President, Chief Strategy Officer
Jun Tokura (James) comes with almost 20 years of experience in Life Insurance across Japan, Singapore and Malaysia. He is a founding member of Tokio Marine Anshin Life, which started operations in 1996, heading underwriting planning, underwriting profit control, and reinsurance strategy. He was also actively involved in acquisition of Asia General Holdings, which is the origin of Tokio Marine’s Asian Life and Non-life business operations.
He was Deputy CEO, Tokio Marine Life Malaysia from 2007 to 2011, supervising Corporate Planning, HR, Marketing and Communication, Agency, Banca and Group Business. He also led the RHB bank exclusive tie-up project competing against Prudential, AIA and Manulife.
James is a Fellow of Underwriters association of Japan.
James likes spending time with his family and gorges on Indian food.
Chief and Appointed Actuary
Subhrajit comes with more than 24 years of experience in life insurance. He served LIC for 15 years where he worked across various functions in 10 years before moving into the Actuarial function for the last 5 years. In this tenure, he was involved with product pricing, underwriting and experience analysis.
Subhrajit then spent 6 years with Exide Life Insurance Co Ltd ( formerly ING Life Insurance) working across all actuarial verticals including Product Development and Management, Financial Risk & Reporting, and Statutory Valuation and Reporting. Subhrajit’s last assignment has been with Avantha ERGO as the Chief Actuary, heading Actuarial and Products and part of executive management group.
Subhrajit is a Fellow of the Institute of Actuaries of India.
He is married to Mithi; they have a son, Debaditya. Subhrajit loves reading books and watching movies.
He is passionate about playing Bridge. He won Karnataka State Bridge Championship (Pairs) in the year 2012.
Senior Vice President, Sales Strategy and Support
Sanjay brings with him around 22 years of rich experience in strategic planning, business and channel development across industries and geographies with organisations like Reliance Life Insurance Company Ltd and Bajaj Allianz Life Insurance..
He is a trained long distance runner and passionately indulges in it. It is his love of running and travelling that has motivated him to participate in marathons across countries like Amsterdam, Zurich, Paris, etc. He is also a Licensed Club Pilot & an avid para glider.
Eksteen de Waal
Senior Vice President, Sales Training
Eksteen comes with more than 34 years of experience in life insurance in the field of Sales, Marketing and Training. He served Old Mutual Life for the last 31 years where his most recent role was that of General Manager - Employee Benefits in Cape Town. Over the years he was responsible for various Business Units which included Legal Advice, Sales Training, Leadership Development, Marketing, Awards and Incentives and Employee Benefits. With changes in the Business and Regulatory environment in South Africa, he was instrumental in transforming Old Mutual’s Tied Agency to a new business model which included major Change Management skills and Technical Training.
As part of this assignment he was seconded to India for 4 years where he was Head of Sales Training with Kotak Life in Mumbai from 2002 to 2006.
Eksteen is a Law graduate and received the degrees BIuris (cum Laude) from the University of the Free State and LL.B from the University of South Africa. In 1984 he qualified as an international Certified Financial Planner – in the process obtaining the highest marks in South Africa and winning a business trip to Hartford, USA.
Eksteen loves travelling, reading and exploring new cultures and religions.
Chief Risk Officer
Ajeet heads the Risk & MIS Function at Edelweiss Tokio Life.
Ajeet has an experience of more than 10 yrs working in various roles within Edelweiss such as Quant Trading, Analytics, Corporate Planning and Risk Management. His stint included being co-head, Global Risk Group, for close to five years; a group which he co-founded.
An engineer from IIT Roorkee, Ajeet also is a management graduate from IIM Ahmedabad. Apart from this, Ajeet also holds FRM and CQF certification.
In between his tight schedule, Ajeet manages to take out time to play his favourite sport, badminton apart from going for long walks.
Senior Vice President
Kamlesh comes with over 17 years of professional experience, across both the Life and Health Insurance domains. In his last stint at Cigna TTK Health Insurance Company Ltd, he was associated for close to 2 years as Executive Vice President – Service Delivery. Before Cigna TTK Health Insurance, he worked with ICICI Prudential Life Insurance Company for 15 years. He was instrumental in setting-up Risk management, Life and Health business verticals.
A passionate cricketer and traveler, Kamlesh is also involved in academia and has conducted several guest Lectures on Life and Health Insurance topics for students of institutes such as ‘National Insurance Academy – Pune’. He authored the health insurance subject for the Insurance Institute which is now a part of the curriculum for the students. Kamlesh was also a part of the core “FICCI – Health Insurance Working Committee” which facilitated the launch of “Standard Treatment Guidelines”, “Definition Standardizations” and “Documentation and exclusion list” for the health insurance industry.